On 28 October 2026 the UK Chancellor, John Healey, delivered his first Autumn Statement Budget. We explore the announced taxation changes and what they might mean for a financial planning strategy.
Summary of key changes
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Cash ISA limit retained at £20,000, reversing the planned restriction
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Savings income tax rates rise to 24%, 44% and 49% from April 2027
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Property income tax rates rise to 24%, 44% and 49% from April 2027
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BADR lifetime limit reduced from £1m to £500,000 from April 2027
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Proposed Founders’ Relief offers 10% CGT on up to £10m of qualifying gains from April 2027
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New Pension Tax Allowance protects eligible lower-income pensioners from April 2027
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State Pension Triple Lock adjusted from April 2030
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Two-year rule for otherwise tax-free pension death benefits removed from 28 October 2026


